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| From : Rajesh Jindal at 01:00 PM - Jan 09, 2011 ( ) |
Share it on FacebookHI FRIENDS .... I WANT TO DISCLOSE ONE NIFTY STRATEGY WID U PPL .... PLEASE SHARE YOUR VIEWS ABOUT THIS STRATEGY .
1. TRADE ONLY WEN NEW WEEK STARTS ... MEANS ON EVERY MONDAY ... WATCH NIFTY SPOT @ 9.30 A.M. .... IF OPEN=LOW-5 POINTS THEN BUY NIFTY WITH STOPLOSS OF 30 POINTS .... SAME IF OPEN = HIGH+5 POINTS THEN SELL NIFTY WITH STOPLOSS OF 30 POINTS .
2. IF NOTHING LIKE OPEN=LOW/HIGH THEN NO TRADE ON MONDAY ..BUT AFTER MARKET CON MONDAY PLS NOTE DOWN MONDAY NIFTY HIGH & LOW .
3. COMING DAYS TILL THURSDAY IF NIFTY BREAK MONDAY HIGH +5 POINTS THEN BUY NIFTY WITH STOPLOSS OF 30 POINTS .... & IF NIFTY BREAK MONDAY LOW - 5 POINTS THEN SELL NIFTY WITH STOPLOSS OF 30 POINTS .
4. TARGET ALWAYS 90-100 POINTS WITHIN WEEK .... WE SHOULD ALWAYS CLOSE OUR TRADE TILL FRIDAY CLOSING IN ANY CONDITION .
5 . I TESTED THIS STRATEGY WITH 6 MONTHS NIFTY DATA & GOT AWESOME RESULTS ..BUT NEVER DID ANY REAL TRADE WITH THIS STRATEGY . PLS CHECK FROM YOUR SIDE AND GIVE YOUR VALUABLE COMMENTS ..
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If Price Opens Between Low & High on Monday and after that breaches High or Low will we take Trade in the direction of the breach.
nifty spot 5717 open ,at 9:30 5705 ,low-5698,high-5724, sir now no trade ,hav 2 wait for closing today ,pls coreect me sir thnx in adv.
In this strategy , NIFTY means - NIFTY SPOT or NIFTY FUTURE
buy at 5700-5701 ... now stoploss @ cost to cost as up by 45++ points .
After buy trigger still holding the SL ( made a low 5671.55).
Sir I think yesterday 30 point stoploss at 5685 has broken. Please guide.
So for the rest of the week----
Go long above 5702 with SL 5670,target near 5800(spot)
Go short below 5619 with SL 5650,target 5520-5540.(spot)
AND IN THIS STRATEGY WE MISSED OUR SELL CALL ONLY BY 95 PAISA AS NIFTY HIGH WAS 5907.25 AND OPEN WAS 5901.30 .. AND NIFTY LOW WAS ON MONDAY MORE BELOW OUR TARGET -5740.95 ... PLS CHECK ONCE AND THEN GIVE ANY ABCXXX STRATEGY IN THIS THREAD DEAR MANGTA JI .
I am sorry Mr. Rajesh Jindal ..........Hence deleted .... God Bless you
Friends Just go with JR Julius Ji ORB strategy Calculate the High and Low in the New ORB Excel File .......and go sure shot .......I am a silent viewer and practising on paper trade for the last 20 days .................In todays trade only 10 points on buy side means SL Hit but In sell Mode 70 ponts from 5770 to 5700 If we again use Jagmohan Ji view than in todays trade again buy at 5710 to 5810 nearly 100 points http://www.mudraa.com/singlepost.php?messid=75734 .............................PLS CHECK ONCE AFTER 9.45 ..NEW LOW MADE MEANS SELL CALL TRIGGERD AND STOPLOSS HIT .. AFTER THAT BUY CALL TRIGGERD AND SL HIT AGAIN ...THEN WHY WE SELL BELOW 5770 WEN ONCE SL HIT ACCORDING TO STRATEGY ..AND MY REQUEST TO U MY FRND PLS POST ABOUT ONLY THIS STRATEGY IN THIS THREAD ..PLSSSSSSSSS .
This week Strategy didn't work. Lets wait and watch for next Monday.....
sold at 5736 ..stoploss 5765 ( spot ) ..if slips below 5690 .. i will put stoploss cost to cost .
Thanks sir will work with the levels you have mentioned
Today nifty open & nifty high diffrence 6 rs .. not 5 according to strategy ... we missed our entry only by 1 point ... anyways nifty high today 5907.25 and nifty low 5740.95 . ......... now buy nifty at 5912.30 stoploss - 5882.30 target- 6002-6012 till friday ..... and sell nifty at 5735-5736 sl- 5765 target- 5645-5635 .
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